| Product Code: ETC5750024 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a decline in automotive fabric import shipments with a negative CAGR of -18.3% from 2020 to 2024. The top exporting countries to Latvia include the USA, Metropolitan France, China, Germany, and Denmark. Despite a decrease in growth rate from 2023 to 2024 at -23.59%, the Herfindahl-Hirschman Index (HHI) indicated a moderate concentration within the market. It will be important for stakeholders to closely monitor these trends and identify opportunities for potential recovery and growth in the automotive fabric import sector in Latvia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Automotive Fabric Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Fabric Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Fabric Market - Industry Life Cycle |
3.4 Latvia Automotive Fabric Market - Porter's Five Forces |
3.5 Latvia Automotive Fabric Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Automotive Fabric Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Automotive Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight automotive fabrics due to fuel efficiency regulations. |
4.2.2 Increasing focus on interior aesthetics and comfort in automobiles. |
4.2.3 Technological advancements leading to innovative fabric solutions for automotive applications. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from synthetic alternatives affecting market penetration. |
4.3.3 Economic uncertainties affecting consumer spending on automotive upgrades. |
5 Latvia Automotive Fabric Market Trends |
6 Latvia Automotive Fabric Market Segmentations |
6.1 Latvia Automotive Fabric Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Fabric Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.1.3 Latvia Automotive Fabric Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.1.4 Latvia Automotive Fabric Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.5 Latvia Automotive Fabric Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 Latvia Automotive Fabric Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Fabric Market Revenues & Volume, By Floor Covering, 2021-2031F |
6.2.3 Latvia Automotive Fabric Market Revenues & Volume, By Upholstery, 2021-2031F |
6.2.4 Latvia Automotive Fabric Market Revenues & Volume, By Pre-assembled Interior Components, 2021-2031F |
6.2.5 Latvia Automotive Fabric Market Revenues & Volume, By Tires, 2021-2031F |
6.2.6 Latvia Automotive Fabric Market Revenues & Volume, By Safety-Belts, 2021-2031F |
6.2.7 Latvia Automotive Fabric Market Revenues & Volume, By Airbags, 2021-2031F |
7 Latvia Automotive Fabric Market Import-Export Trade Statistics |
7.1 Latvia Automotive Fabric Market Export to Major Countries |
7.2 Latvia Automotive Fabric Market Imports from Major Countries |
8 Latvia Automotive Fabric Market Key Performance Indicators |
8.1 Average selling price of automotive fabrics in Latvia. |
8.2 Adoption rate of advanced fabric technologies in the automotive sector. |
8.3 Number of partnerships or collaborations between fabric manufacturers and automotive companies in Latvia. |
9 Latvia Automotive Fabric Market - Opportunity Assessment |
9.1 Latvia Automotive Fabric Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Automotive Fabric Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Automotive Fabric Market - Competitive Landscape |
10.1 Latvia Automotive Fabric Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |